Thread title "World's next REO producer" - Taken from: Vital Metals Limited, Investor Presentation (06/05/20)
View attachment 2181163It looks like the team here has improved as of late,
-We're looking at 2 World Class REO Projects
-High Grade Resources
-Good metallurgy
-Good cash balance (~$3.494M From Last Qtrly Cashflow Report)
-They've confidentally mentioned they're "Targeting to be the Largest Independent Supplier of Clean Mixed Rare Earth Feedstock
outside of China"
View attachment 2181202View attachment 2181196Why is Feedstock outside of China?
-Well simple google search will help you understand the importance of it in my opinion
-"China accounts for over 95% of the world's production of rare earths"
View attachment 2181220Several months back when Trump/USA were having trade talks with China.
-In my opinion they've realised how vulnerable they are interms of resources
-These resources extend to more than just Rare-Earths, Look up Uranium etc...
View attachment 2181214You ask what relevance do those articles 5-8months old have...
-Well in that time it's only gotten worse and people are even more upset at China (My interpretation only)
-That just make's people want to deal less with them, they're not taking the weakness of supply chains very seriously in my opinion after all this.
View attachment 2181232New headlines constantly to the point where i can't keep up with them all
View attachment 2181238But back to the stock, what alot of people are underlooking in my opinion is that Off-Take's could come anyday now, Massive speculation but it's warranted from what i can see.
-Taken from January
-Talks with multiple refiners?
View attachment 2181250I think this is a great project, lot's of potential to be had...
-Tier 1 Mining Jurisdiction
-Nechalacho project has received support from local communities
-Nice looking CAPEX (Completed DFS 2013 - CAD $1.6B Capex) [Taken from Presentation]
--100km from Yellowknife
--40person camp with airstrip
--Great Slave Lake Access highway
--Ice Road winter
--Barge Acess in summer
Let's see how these off-takes go, could get very interesting moving forward... Perfect timing for everything to come now in my opinion.
Note:
This is all my opinion only, purely speculation and my interpretation only. Therefore NOT financial advice. Goodluck all. Do your own research.
(20min delay)